Financial Flexiblity: A Measure of Financial Position for Hospital Managers

Article Abstract:

Financial flexibility and its importance to hospital managers is discussed. Financial flexibility is used as an expression of consequence in decision making, and was recently contributed to the fiscal lexicon by the Financial Accounting Standards Board (FASB). The term relates to an organization's funding potency and its position of monetary mobility in the business field. Sources and uses of funds and a multitude of factors impacting financing serves to define the index by which financial flexibility is measured. A statistical analysis of the factors involved correlates financial flexibility with solvency, and measures its presence within the hospital setting - a first attempt to do so. Included is a chart showing the measurement of fiscal flexibility and a table with financial flexibiliy index statistics.

Decision-making, Decision making, Measurement, Supervisors

---

Determinants of capital structure

Article Abstract:

Significant financial, operational and institutional factors influencing the capital structure decisions of hospitals are analyzed in this study of California hospitals. The influence of government fixed-fee payments on hospital finance was an integral part of the study. The researchers studied both long-range and short-range borrowing decisions of the hospitals. Variables considered included system affiliation, number of beds, operating risk, growth and asset structure. A significant finding was that hospitals with less than 100 beds tend to borrow more on the short term than larger facilities.

General medical & surgical hospitals

---

Federal Policies for Hospital Financing: Crosscurrents and Crosspurposes

Article Abstract:

Federal policy changes for hospital financing are detailed. These policy changes involve income tax, Medicare reimbursement, prospective reimbursement and capital subsidies. Dual diagramming is used in a systems analysis of these proposals. Exogenous and endogenous variables are included. A qualitative systems model is presented which demonstrates the ineffectiveness of the health care cost containment proposals. An understanding of the complexity of the United States' health care system and the interrelationships within the system is needed before considering policy choices.

Economic aspects, Economic policy, National government, Interest rates, Federal government

Similar abstracts:

• Abstracts: The financial implications of coverage of smoking cessation treatment by managed care organizations. Health insurance reform and HMO penetration in the small group market
• Abstracts: Abnormal returns and the regulation of nonprofit hospital sales and conversions. How do zero tolerance drunk driving laws work?
• Abstracts: Clinical nurse specialists: creating new programs for neonatal home care. Developmentally supportive caregiving and technology in the NICU: isolation or merger of intervention strategies
• Abstracts: Swing beds: new diversification opportunity for small and rural hospitals
• Abstracts: Swing beds: new diversification opportunity for small and rural hospitals. part 2 Infection control practice shifts to encompass variety of disciplines

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.